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Insurtech Startup Outmarket Raises $34.5M in Back-to-Back Funding Rounds

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Outmarket, an insurtech startup, has raised $34.5 million in a new funding round, coming just months after completing a previous one. The company leverages artificial intelligence to automate paperwork and administrative tasks for insurance agencies and brokers. Its technology aims to reduce the manual burden that has long slowed operations in the insurance industry. The rapid back-to-back fundraising signals strong investor confidence in AI-driven solutions within the insurance sector.

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